POUGHKEEPSIE – In light of the stalled economy because of the coronavirus, the Poughkeepsie city administration is going to have to tighten its fiscal belt dramatically.
Mayor Rob Rolison has instructed all department heads in the city to cut 15 percent from their budgets.
The COVID-19 pandemic has provoked local and county governments throughout the Hudson Valley to prepare for shortfalls in their projected revenue for 2020.
The city finance department, under the direction of Commissioner Brian Martinez, is in the process of working with department heads to finalize the first-round of non-personnel related budget cuts. The hiring freeze for all but essential employees is still in effect.
City Administrator Marc Nelson has released some of the data submitted in response to the mayor’s request, and the numbers are substantial.
The city is estimating a $5.5 million revenue shortfall as a result of the steps taken to prevent the spread of the virus.
“We are going to be looking at ... Read More
NEWS STORY PROVIDED BY: Mid Hudson News - www.midhudsonnews.com